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<br />Loan No. ..,...;;,n7..:?::l::J..!L..
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<br />ADJUSTABLE RATE LOAN RIDER
<br />83--001456
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<br />NOTICE: THE SECURITY INSTRUMENT SECURES A NOTE WHICH CONTAINS
<br />A PROVISION ALLOWING FOR CHANGES IN THE INTEREST RATE, IN-
<br />CREASES IN THE INTERESTRATE'WILL RESULT IN HIGHER PAYMENTS;
<br />DECREASES IN THE INTEREST RATE WILL RESULT IN LOWER PAYMENTS.
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<br />This Rider is made this ___....,25__..___,___, day of ..........~,gL,_,..,_..___......... 19..J~J.. and is incorporated
<br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust. or Deed to Secure Debt
<br />(the "Security Instrument',') of the same date given by the undersigned (the "Borrower") to secure Bor-
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<br />rower's Note to ....m..".......'...m"'."'...........'...,.".'.'....m..........,...,..,..,.,.".,."......,....,.....,.......".,.,...,......,...,....."....,......
<br />.$J.1:B.t.,E.adaraJ...S&uing.9...and...LoaD...A.ssaciat1.on.,.af."Linc.oln...,.a.,UD.i.t ed..Sta.t..e.s.,CJ:>XpoxatioD."
<br />(the "Lender") of the same date (the "Note") and covering the property described in the Security Instru-
<br />ment and located at ..Jll.3.,~l:th..Webh..B.oad.....,m......,..............1l!:aIl<L~sl.and....N.ebraska._.6.l!.8aL........
<br />Property Address
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<br />MODIFICATIONS. In addition to the covenants and agreements made in the Security Instrument, Bor-
<br />rower and Lender further covenant and agree as follows:
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<br />A. INTEREST RATE ANn MONTHLY PAYMENT CHANGES
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<br />The Note has an "Initial Interest Rate" oL...,.11_250... %
<br />Interest rate changes may occur on the 1st day of ............,...................De.c.embe.r..., 19"'81o. and on the
<br />1st day of .....__...m...'..............b1a.rch........., 19..8.5.. and on the 1st day of ...,.........'..m.......JWle........,.., 19..,85.
<br />and on the 1st day of ....,.....,.,...,...,....,......Sep.tembe.l:. 19.__85, and on those dates of those months in every
<br />year thereafter, Each date on which the rate of interest may change will be called a "Rate Change Date".
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<br />Changes in principal and interest payments to adjust amortization of the loan to correspond with
<br />interest rate changes shall be made on the 1st day of .........,...........,......,....5.eptemher.." 19..8.5.. and on that
<br />date every ..,._____.... year(s) thereafter, Each date on which the principal and interest payment may
<br />change ~'ill be called a "Payment Change Date".
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<br />Changes in the interest rate are governed by changes in an interest rate index called the "Index".
<br />Check box(es) to indicate Index.
<br />(1) 0 "Contract Interest Rate, Purchase of Previously Occupied Homes, National Average for all
<br />Major Types of Lenders" published by the Federal Home Loan Bank Board.
<br />(2) 1XI ,.A.d.juatahla..Rat.e,.NoLe...::"Mo.nthly... 8yJUage....yield."an..U,.SA..T.t:eaau.qz....,..",.".. ,'.','....,
<br />Se c urJ..tie.s.,.adju.s.t.ed,..t.a,.a..J::.alUl.t.alll:....ma.t.l.ltl.t.y,..o.L.l..y.ear..~.ubl.l..&he.d...~"th.e...,F.e.sie..t:al.,R.e.ae..ty.e",lloa rd .
<br />Check box(es) to indicate limits,
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<br />(1) 0 If this box is checked, there will he no maximum limit on changes in the interest rate up or
<br />down. The Preliminary Rate referred to in the Note, will be the new interest rate.
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<br />(2) 0 If this box is checked. the interest rate that I pay shall not increase more than ..........,.........
<br />percentage points on any Rate Change Date,
<br />(3) 0 If this box is checked. the interest rate that I pay shall not decrease more than ,..................,
<br />percentage points on any Rate Change Date.
<br />(4) Ii! If this box is checked, the interest rate that I pay shall never be more than ,..U.Qilll.,.. %
<br />during the period I have my loan.
<br />(5) Ii! If this box is checked, the interest rate that I pay shall never be less than ,.,.10.000..,%
<br />during the period I have my loan.
<br />(6) 0 If this box is checked. the principal and interest payment that I pay shall not increase more
<br />than ........,........... percent on any Payment Change Date.
<br />(7) 0 If this box is checked, the principal and interest payment that I pay shall not decrease more
<br />than .......,........,.., percent on any Payment Change Date.
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<br />The IJ:lQnthly. . {Ill.Yment amounts will also change on Payment Change Dates as provided in the Note.
<br />Because payment changes may occur less often than interest rate changes and/or may be subject to certain
<br />!imitations described in the Note., the monthly payments may be insufficient at times to pay aeeming
<br />mtel'est. In such case. unpaid interest is added to the principal balance of the Note and itself wiD accme
<br />interest there&fter.
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